SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (54955)3/15/2019 9:50:44 AM
From: Goose94Read Replies (2) of 203020
 
Badger Daylighting (BAD-T) Canaccord Genuity analyst Yuri Lynk reiterated his "buy" call on Badger Daylighting , while increasing his share target to $47 from $41.

Analysts on average target the shares at $38.93.

On Wednesday, Badger posted revenue and adjusted earnings before interest, taxes, depreciation and amortization of $179-million and $48-million, representing jumps of 35 per cent and 39 per cent year-over-year and exceeding Mr. Lynk's projections ($147-million and $41-million). Earnings per share of 63 cents was an increase of 113 per cent after removing tax benefits realized in the fourth quarter of 2017.

Mr. Lynk says in a note: "As hydrovac gains wider acceptance in the U.S. and Badger leverages its considerable first mover enabled scale advantage, its growth numbers are impressive.

In Q4/2018, Badger's U.S. operations put up 21 per cent year-over-year constant currency organic growth before emergency services work associated with wildfires in California and hurricane Michael in the Southeast boosted growth to 41 per cent year-over-year. This growth was not done at the expense of profitability."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext